Purchased a property in Miami Fl, cleaned it out and got it ready for a rehabber to purchase.  

You have great taxation folks here like @Amanda Han and @Brandon Hall and @Steven Hamilton IITreated as regular income unless you buy it and held for 366 or more days.From Steven Hamilton II```You need to realize the two are separate things and you DO NOT want to have flips and rentals in the same entity.

Currently I am mid way through with my classes to obtain an Illinois real estate license, and my expectation is to add extra capital to my investment fund by working as a broker part time outside my regular job. 

When a tax-exempt entity is engaging in a business on a regular or repeated basis, and therefore competing with tax-paying businesses, there is a trust tax known as UBIT that is incurred - as a way to level the playing field.  

Their responsibility is make sure that title is clean and insured.

I put them on in the car, when making dinner, or cleaning the house.If your interested in flipping I believe episode 10 with J Scott is Flipping 101.

They said the company who they hired to clean up everything will determine when my renter can go it, which they are not telling anybody anything.  

Is that something a regular real estate agent can draft up, or would it be better to get a lawyer to draft that up?  

Pretty regularly, a property will go under contract but fall through.

Finally my own single-family residence (closing March 31st)Coin-op/dry cleaning business (no idea what I’m doing here)Now it is time to 10X my goals, cause it does work!